Deepak Builders & Engineers Share Price in Focus as Board Approves 1:10 Share Split & Increases Authorised Capital to ₹65 Crore

On April 28, 2026, Deepak Builders & Engineers India Limited held a board meeting to discuss significant changes in its share structure.  

The meeting, conducted via video conferencing, resulted in key decisions aimed at restructuring the company's equity shares and authorised share capital. 

Key Decisions from the Board Meeting 

The board approved a sub-division of 1 existing equity share with a face value of ₹10 into 10 equity shares with a face value of ₹1 each.  

This decision is subject to shareholder approval through a postal ballot.  

Additionally, the board decided to increase the authorised share capital from ₹55,00,00,000 to ₹65,00,00,000, which involves altering the capital clause in the Memorandum of Association. 

Details of the Share Split 

The approved share split will convert each ₹10 share into 10 shares of ₹1 each. This move is intended to enhance the liquidity of the company's shares and make them more accessible to a broader range of investors. The change awaits the approval of shareholders via a postal ballot. 

Increase in Authorised Share Capital 

The board has proposed an increase in the authorised share capital from ₹55,00,00,000 to ₹65,00,00,000.  

This increase will allow the company to issue more shares in the future, providing greater flexibility for capital raising and expansion activities.  

The alteration of the capital clause in the Memorandum of Association is also subject to shareholder approval. 

Read More: Maruti Suzuki Dividend FY26: ₹140 Final Payout Announced, Record Sales Offset Profit Dip! 

Next Steps and Shareholder Involvement 

The company will issue a postal ballot notice to seek the approval of its members for the proposed changes.  

Shareholders will have the opportunity to vote on the sub-division of equity shares and the increase in authorised share capital.  

These changes, once approved, will be implemented as per the regulatory requirements. 

Deepak Builders & Engineers India Share Price Performance 

As of April 28, 2026, at 3:30 PM, Deepak Builders & Engineers India share price on NSE was closed at ₹83.34 down by 1.57% from the previous closing price. 

Conclusion 

Deepak Builders & Engineers India Limited's board meeting on April 28, 2026, resulted in significant decisions regarding the company's share structure. The proposed share split and increase in authorised share capital are aimed at enhancing the company's financial flexibility and shareholder value. 

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